National Bank Note Types - Series 1882 Brown Back

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The Act of July 12, 1882 allowed existing National Banks to receive a 20 year extension, and also called for a new series of note designs to be issued. Over the next 40 years, there were 3 distinct types of Series 1882 bank notes issued: 1882 Brown Back, 1882 Date Back and 1882 Value Back. Brown Backs are the most common type of the surviving Series 1882 bank notes, with 63% of the total notes reported. Value Backs are the rarest type with 12% of the total Series 1882 notes reported, and Date Backs are in the middle with 25%.

Brown Backs were the first of the Series 1882 Types to be issued, and were so named due to their backs printed in brown. They were issued to newly chartered National Banks, and to replace the current Original Series and Series 1875 notes as existing National banks extended their charters for 20 years upon expiration. Brown Backs were first issued in August of 1882, and discontinued in 1908 as a result of the Aldrich-Vreeland Act. Series 1882 Brown Backs were issued in denominations of $5, $10, $20, $50 and $100, and in plate combinations of 5-5-5-5, 10-10-10-10, 10-10-10-20 and 50-100.


Following are scans of the back of a Brown Back note, and a note for each of the 5 denominations issued:

Back of a $20 Series 1882 Brown Back issued by Citizens National Bank of Woonsocket, SD.
$5 Series 1882 Brown Back issued by First National Bank of Princeton, MN.
$10 Series 1882 Brown Back issued by First National Bank of LuVerne, MN.
$20 Series 1882 Brown Back issued by First National Bank of Pipestone, MN.
$50 Series 1882 Brown Back issued by First National Bank of Wadena, MN.
$100 Series 1882 Brown Back issued by Citizens National Bank of Davenport, IA. Image courtesy of Heritage Auctions, HA.com

References

  • Don C. Kelly, National Bank Notes, A Guide with Prices. 6th Edition (Oxford, OH: The Paper Money Institute, 2008).
  • Dean Oakes and John Hickman, Standard Catalog of National Bank Notes. 2nd Edition (Iola, WI: Krause Publications, 1990).
  • Peter Huntoon, United States Large Size National Bank Notes (Laramie, WY: The Society of Paper Money Collectors, 1995).
  • The National Bank Note Census, nbncensus.com
  • Heritage Auction Archives, currency.ha.com